4 Broadway Parade, Elm Park, Hornchurch, Essex, RM12 4RS
Property Description
Comprising a pair of ground floor shops with separate rear access to a self-contained split level flat above. Forming part of an established parade, amongst a number of local and multiple retailers including Greggs, Costa, William Hill and a Sainsbury's Local. Elm Park underground station (District line) is within a short distance. Elm Park lies about 2 miles from Romford town centre and 15 miles from Central London.
4a Broadway Parade (Shop)
255 sq ft (23.7 sq m) - Based on VOA Website
4 Broadway Parade (Shop - Andy's Barbers):
280 sq ft (26 sq m), plus toilet & rear store
4b Broadway Parade (Flat & Second Floor Flat):
First Floor: 2 rooms, kitchen, bathroom/toilet
Second Floor: 1 room
4a Broadway Parade (Shop): Vacant (See Note 1)
4 & 4b Broadway Parade (Barber Shop & Flat):
Let on a repairing and insuring lease to Andreas Kilikita for 10 years from 29.09.2018 at £11,500 p.a.
PRODUCING £11,500 p.a. PLUS ONE VACANT SHOP (SEE NOTE 1)
1. The vacant shop is currently occupied on an expired lease (now continuing occupation) at £4,850 p.a. The tenant has given notice to quit and has agreed to vacate on 21st April 2025.
2. We understand that the flat is sub-let at £1,300 pcm.
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk
Joint Auctioneer:
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.
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